What is the current list of short Bitcoin ETFs available on the NYSE?
Fikizolo VuyelwaDec 16, 2021 · 3 years ago3 answers
Can you provide me with the latest information on the short Bitcoin ETFs that are currently available for trading on the New York Stock Exchange (NYSE)? I'm particularly interested in knowing which ETFs allow investors to profit from a decline in the price of Bitcoin.
3 answers
- Dec 16, 2021 · 3 years agoSure! Here are some of the short Bitcoin ETFs that you can find on the NYSE: 1. ProShares Short Bitcoin Strategy ETF (BITO) 2. Direxion Daily Bitcoin Bear 1X Shares (BTCS) 3. GraniteShares Short Bitcoin ETF (SBIT) Please note that this list may not be exhaustive, and it's always a good idea to do your own research and consult with a financial advisor before making any investment decisions. Happy trading! 😊
- Dec 16, 2021 · 3 years agoLooking to profit from a potential decline in Bitcoin's price? You're in luck! The NYSE offers several short Bitcoin ETFs that allow investors to take advantage of downward price movements. Some of the popular options include ProShares Short Bitcoin Strategy ETF (BITO), Direxion Daily Bitcoin Bear 1X Shares (BTCS), and GraniteShares Short Bitcoin ETF (SBIT). Remember to carefully consider your investment goals and risk tolerance before diving into these ETFs. Good luck with your trades! 📉
- Dec 16, 2021 · 3 years agoWhen it comes to short Bitcoin ETFs on the NYSE, there are a few options available. One of them is the ProShares Short Bitcoin Strategy ETF (BITO), which aims to provide investors with a return that is negatively correlated to the performance of Bitcoin. Another option is the Direxion Daily Bitcoin Bear 1X Shares (BTCS), which seeks to provide daily investment results that correspond to the inverse of the daily performance of Bitcoin. Lastly, there's the GraniteShares Short Bitcoin ETF (SBIT), which aims to provide investors with short exposure to Bitcoin. Keep in mind that investing in these ETFs involves risks, so make sure to do your due diligence and consult with a financial professional if needed. Happy investing! 👍
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